Question

What is one of the oldest derivatives with a history tracing back to the eighteenth century?

a.

Foreign exchange derivatives

b.

Rice futures

c.

Equity derivatives

d.

Interest rate derivatives

Answer: (b).Rice futures Explanation:One of the oldest derivatives is rice futures, which has been traded on the Dojima Rice Exchange since the eighteenth century.

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Q. What is one of the oldest derivatives with a history tracing back to the eighteenth century?

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